Will media stocks recover in time for the Toronto International Film Festival? | CMC Markets Ireland in what looks like a bear trap washout bottom More recently the shares have started to stabilize in the 95 90 to 101 90 range between the 50 and 62 retracements of the previous major advance a zone where reversals commonly come to an end On a breakout from this zone the shares could retest their 200 day moving average closer to 105 00 but on a breakdown the recent low near 90 00 could potentially be retested Chart Analysis Netflix Source CMC Markets Netflix staged a major six month rally between the end of July steadily rising in a step pattern of advances followed by consolidation at higher levels while showing that stocks can stay overbought in this case for a long time After completing a double top in the 120 130 zone earlier this month the shares have plunged as a market crunch hit momentum stocks particularly hard Even high flyers like Netflix aren t immune in these types of markets because traders often sell their winners to cover margin calls on other positions On Monday Netflix successfully completed a common 50 retracement of its previous advance bouncing up off of 87 50 and into the 102 50 to 109 70 zone between the 23 and 38 retracement levels Current technical signals are mixed While it appears to be attracting support above 100 00 with more possible near 97 40 it remains below a gap in the 109 50 to 112 00 area Also If a rally were to falter near 118 80 it could carve out the right shoulder of a head and shoulders top On this basis we could see significant swings in both directions over the next while as bulls and bears vie for dominance Sub menu Latest Blogs Oil truce sends WTI lower while stocks continue to recover North American traders return to oil production truce and fading China fears UK inflation in focus after McCafferty U Turn Stocks and oil rebound as positive news rebuilds confidence What s up with Yellen Gold and JPY today Open a live account Free demo account Losses can exceed your deposits Dublin Trader Network This forum event will be hosted by our Chief Market Analyst Michael Hewson and guest speaker Paul Wallace in the Gresham Hotel Dublin Register now UK inflation in focus after McCafferty U Turn Posted 16 02 2016 05 40 by Michael Hewson Read more Further reading US Earnings Season Preview Q3 2012 Q3 earnings season is now upon us bringing with it the potential for Relevant links Facebook how low can Market Calendar Funding and withdrawal Advantages of spread Why spread bet with CMC Michael Hewson About CMC Advantages of CFDs About CMC David Land Pattern Recognition CFD technology Follow Us Close Spread bets and Contracts for Difference CFDs are leveraged products and carry a high level of risk to your capital as prices may move rapidly against you Losses can exceed your deposits and you may be required to make further payments

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Facebook – how low can it go? | CMC Markets Ireland companies however trade at a PEG of less than 1 00 The average PEG of Apple Google and LinkedIn is closer to 0 75 Given the longer track record of success that Apple and Google have enjoyed in the last decade it s hard to see how an untested disappointment like Facebook should be priced higher than them Based on this it s possible that Facebook may need to fall below 15 00 before coming into line with its peers This analysis has assumed that management can deliver on the street s 30 earnings growth forecast for next year Should it fail for any reason multiples and valuation could contract even further Where might Facebook go from here Following its initial sell off Facebook stabilised in the 26 00 to 33 50 range for several weeks After the company s first earnings report ripped the rug out from under the stock it has continued to falter hitting fresh lows below 18 With continued breaks lower it is difficult for Facebook to create a decent support watch for evidence that a floor has been reached in the coming weeks In order to rebuild confidence Facebook first and foremost needs to stop disappointing on results and start to deliver Any progress on building advertising traffic or putting the money it raised in the IPO to work could boost spirits and help the shares to stabilise Further disappointments similar to Groupon s struggles could keep the pressure on for some time to come However we can already see Facebook s initial response to its disappointing performance with new some might even say obtrusive sponsored ads on its mobile apps and CEO Mark Zuckerberg firmly on the charm offensive perhaps for the first time they are certainly taking the recent sell off seriously Expect flurries of activity around new corporate announcements especially regarding ad revenues and any large director dealings to provide potential support Open a live account Free demo account Losses can exceed your deposits Further reading US Earnings Season Preview Q3 2012 Q3 earnings season is now upon us bringing with it the potential for Relevant links Platform reliability Careers Media releases Media releases Michelle Prance Mobile CFD trading Spread betting for the CFD trading for the new Heritage Adam Spencer Doug Richards Forex trading for the Follow Us Close Spread bets and Contracts for Difference CFDs are leveraged products and carry a high level of risk to your capital as prices may move rapidly against you Losses can exceed your deposits and you may be required to make further payments These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice Back to top Spread betting CFD trading Forex Trading platforms Range of markets News and Analysis Education About CMC Legal Spread betting Why spread bet with CMC Markets Spread betting costs What is spread betting Platform Advanced Charting News and Analysis Executing a Trade About us Client money PR News and Analysis

US Earnings Season Preview (Q3, 2012) | CMC Markets Ireland holding off purchases waiting for the launch The street is expecting Apple to report EPS of 8 89 for this quarter which would represent growth of 26 2 over last year This is down 4 5 from the 9 32 it earned in the previous quarter The July number had come in well short of expectations as the street had expected 10 37 at that time Apple has already given back a lot of ground over the last month so expectations may have already come down The completion of a bearish Head and Shoulders top however suggests that there may be more downside room yet Source CMC Markets Facebook Facebook s first earnings report was a big disappointment and the disappointment from its performance out of the gate has continued to overhang the stock Although the shares have stabilized in a trading range over the last two months Facebook now appears to be a show me stock As we saw last month though any positive news related to the mobile area could create some excitement Source CMC Markets Semiconductors This sector is the nuts and bolts of technology and tends to act as an indicator of demand trends Earnings warnings continue to come out from this group with Intel INTC warning last month and Advanced Micro AMD warning again last week Misses on earnings or particularly guidance could weigh on the group and potentially the wider market Energy The energy sector turned in a strong performance in Q3 rebounding along with oil and gas prices through the quarter Last week however sector bellweather Chevron sold off and broke down badly after putting out a profit warning setting an ominous tone for the group The energy sector had the second highest growth in P E in Q3 after Financials making producers shares highly vulnerable should the companies fail to meet higher expectations Open a live account Free demo account Losses can exceed your deposits Further reading Facebook how low can it go Relevant links Media releases Instruments to be Heritage New platform features Peter Cruddas Understanding the risks Why trade FX with CMC Getting started iPhone Getting started Previous platform Spread betting for the Follow Us Close Spread bets and Contracts for Difference CFDs are leveraged products and carry a high level of risk to your capital as prices may move rapidly against you Losses can exceed your deposits and you may be required to make further payments These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice Back to top Spread betting CFD trading Forex Trading platforms Range of markets News and Analysis Education About CMC Legal Spread betting Why spread bet with CMC Markets Spread betting costs What is spread betting Platform Advanced Charting News and Analysis Executing a Trade About us Client money PR News and Analysis CMC Markets UK plc 39 40 Upper Mount Street Dublin 2 Dublin Ireland T 353 0 1 256 3000 F 353 0

News and analysis | CMC Markets Ireland Education About CMC Legal Spread betting CFD trading Forex Trading platforms Range of markets News and Analysis Education About CMC Legal Spread betting Why spread bet with CMC Markets Spread betting costs What is spread betting Platform Advanced Charting News and Analysis Executing a Trade About us Client money PR News and Analysis CMC Markets UK plc 39 40 Upper Mount Street Dublin 2 Dublin Ireland T 353 0 1 256 3000 F 353 0 1 256 3099 info cmcmarkets ie Spread bets and Contracts for Difference CFDs are leveraged products and carry a high level of risk to your capital as prices may move rapidly against you Losses can exceed your deposits and you may be required to make further payments These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice Awarded Best Platform Features for Spread Betting and CFD trading in the Investment Trends 2013 UK Leveraged Trading Report based on highest user satisfaction amongst spread betters and CFD traders Binary products including Countdowns carry a level of risk to your capital as you could lose all of your investment These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice Invest only what you can afford to lose CMC Markets UK plc 173730 and CMC Spreadbet plc 170627 are authorised and regulated by the Financial Conduct Authority in the United Kingdom in relation to the provision of CFDs and Spreadbetting In relation to binary products including Countdowns CMC Markets is licensed and regulated by the Gambling Commission reference number 42013 A copy of the licence can be found here CMC Markets supports responsible gambling for information and advice please visit www gambleaware co uk Telephone calls and online chat conversations

News and analysis | CMC Markets Ireland a high level of risk to your capital as prices may move rapidly against you Losses can exceed your deposits and you may be required to make further payments These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice Back to top Spread betting CFD trading Forex Trading platforms Range of markets News and Analysis Education About CMC Legal Spread betting CFD trading Forex Trading platforms Range of markets News and Analysis Education About CMC Legal Spread betting Why spread bet with CMC Markets Spread betting costs What is spread betting Platform Advanced Charting News and Analysis Executing a Trade About us Client money PR News and Analysis CMC Markets UK plc 39 40 Upper Mount Street Dublin 2 Dublin Ireland T 353 0 1 256 3000 F 353 0 1 256 3099 info cmcmarkets ie Spread bets and Contracts for Difference CFDs are leveraged products and carry a high level of risk to your capital as prices may move rapidly against you Losses can exceed your deposits and you may be required to make further payments These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice Awarded Best Platform Features for Spread Betting and CFD trading in the Investment Trends 2013 UK Leveraged Trading Report based on highest user satisfaction amongst spread betters and CFD traders Binary products including Countdowns carry a level of risk to your capital as you could lose all of your investment These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice Invest only what you can afford to lose CMC Markets UK plc 173730 and CMC Spreadbet plc 170627 are authorised and regulated by the Financial Conduct